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Daily Dashboard | European Commission unveils draft Digital Services Act and Digital Market Act Related reading: Virginia passes the Consumer Data Protection Act

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The European Commission unveiled the Digital Services Act and the Digital Market Act. Under the DSA, organizations could face fines of up to 6% of their annual revenue for violations of the act and 1% penalties for providing “incorrect, incomplete or misleading information” in reporting obligations or failing to “submit to an on-site inspection.” Platforms with at least 45 million users will be required to adhere to the DSA. Editor's note: IAPP Staff Writer Jennifer Bryant offered more details on the DSA's potential provisions for The Privacy Advisor.
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